, 1887-11-03

population. This l. not "A railroad
scheme for land speculation. or town
lot booming, but it Is Legitimate bus:>
hess Just the same.
Engineer Sheets, who has Just re.
turned from making reconnaissance
along the proposed line of the Port
Townsend Southern Il. Il, says he
got past the head of Hoods Canal TO
the Skokamish Indian agency, He
says the road viii follow the line IT
the shore after leavia- QuilcIue Bay,
and that there VIII l., uo serious DIFF
fculties at az and very little expen-
sive htulding. He thinks the road
Will leave Skokomish river al Purdy's
place and follow gulch or canyon
for some distance in order to reach
the four hundred feet elevation be-
youd by an easy gra,ir. That, how
ever, VIII re,lnire a survey. MI
Sheets says there is timber enough
between Port Townsend Bay and the
head of Hoods Canal. that will be
tapped by the road, to pay good in
terest for years to come on the cap
Ital needed to build the road that far
That, with the local traffic, and ulti-
mately the through business, Will
make the road a paying investment.
Speed it along. 1t cannot be built
too soon for Port Townsends inter-
ests
The hand of master was never
more plainly visible than in the solu-
ton of the railroad muddle, by Vii
lard. The signing of the Joint lease;
the withdrawal of the suits of the
Transcontinenal against the North
ern Pacific; and the steady rise in
stocks on all of the lines of the north
west; show that there is a power be-
hind the throne which thoroughly
understands this business. All in
all, the career of Henry Willard is the
most wonderful of any man America
can boast of. In less than four years
from his downfall, we see him enter
the stockholders meeting of the Nor
thern Pacific company and vote with
in very small fraction of one half
the stock of that great corporation,
himself not owning a single share
of stock, but every share voted by
him representing the confidence
some one had in the great ex-presi-
dent. There has been, in all history
of finance, very few such vindications.
The only solution is that Willard pos
sesses at once both ability and hon
esty. 1t is almost certain that the
Transcontnentars stocks will raise
to par. We expect that in five years
from now Willard will be the greatest
magnate III America, and the north
west will be full of railroads as a tri-
umph ta his genius.
An effort will be made this week 10
secure fifty additional subscribers to
the DAILY ARGUS, on condition that
from and after Nov 1st full Telegraph
ie dispatches be published regularly.
We are now publishing dispatches
twenty four hours ahead of any other
paper that reaches Port Townsend
OF course the full press reports will
entail heavy expense, not alone for
telegraphing but for composition.
1t is believed that there will be suffi-
cient local response to warrant and
Justify this venture. If Port Town
send business men fully realize what
the prospects of their town mean, and
what fine advertising power a real
ly iirst-class daily paper will have
upon the outside world, they will not
hesitate to subscribe and advertise
far beyond what has been done in
the past. We have for over five
years promised continually as good a
paper as the public would support.
Thus far our word has been faithful-
ly kept.s We have been building for
the future, ALI the profits have been
reinvestcd in the business; and the
generous responses that have wei
coined each advance afford grounds
for hoping that this venture is not al
together premature. Help your pa
per, property owners, and it will help
all your financial interests.
The Bayman's Educational Con-
vention at Seattle Will be held in
Battery street Church, on Tuesday
and Wednesday evenings, November
lst and ID, 1t Will be attended by
leading laymen of the NJ. Z. Church
from all over the bounds of the Pu-
| get Sound Conference, and will be
addressed by several prominent and
interesting local speakers, among
whom we may mention Judge Lewis,
Prof. follansbee of Olympia, Mr..
John Denny of Seattle, Judge Jacobs,
Gov. Ferry, Mayor Minor and others
Invitations have been sent out free
ly, and it is probable that the conven-
tion will result in an expression from
the laymen on the much-discussed
university question that the ministers
and bishops cannot afford to ignore.
There is very widespread feeling of
indignation among laymen because
they have been placed in such Il
light before the world. No wonder
they do not feel willing to rest under
the imputation Of having sanctioned
!